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Moody's Pulls WeWork Credit Ratings, Citing Lack of Information

2018-08-29 23:28:30| National Real Estate Investor

The credit grader published an unsolicited assessment in April that ranked WeWorks $702 million of unsecured debt in the lowest speculative-grade tier.

Tags: information credit ratings lack

 

WeWork Is Ratcheting Up Broker Commissions to Lure New Tenants

2018-08-23 23:26:42| National Real Estate Investor

The company is offering commercial real estate brokers worldwide a 100 percent commission on the first year of rent paid by any tenant who switches to WeWork from a top competitor.

Tags: broker commissions tenants lure

 
 

WeWork Gets Another $1 Billion From SoftBank

2018-08-10 16:29:23| National Real Estate Investor

WeWorks sales are rising and its construction costs per desk are dropping, said Artie Minson, WeWorks president and chief financial officer.

Tags: from billion softbank wework

 

WeWork Will Renovate UBS Office in Its Biggest Design Deal

2018-07-30 22:29:00| National Real Estate Investor

The deal between the bank and the New York-based co-working company is the biggest by revenue for WeWorks Powered by We business.

Tags: office design deal biggest

 

WeWork Rival Convene Raises $152 Million to Fuel Its Expansion

2018-07-10 18:27:38| National Real Estate Investor

Convene, founded in 2009, rents meeting and event space out by the hour or for as long as multiple days, and co-working space for a minimum of 12 months.

Tags: million expansion fuel raises

 

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